Most business people tend to think of things economic as occurring in cycles. We may be in recession but expansion will follow and vice versa. The job market is tight but will loosen up eventually. To a very great degree this is true but occasionally there is a “sea change” (definition: a profound or notable transformation) that may be of long duration. Welcome to the War for Talent.
NYU Professor Scott Galloway thinks what’s happening in the War for Talent qualifies for such a description.
Check out his recent two minute video in which he explores how the power dynamics of labor are undergoing a “sea change” in a way we haven’t seen in decades….and which promise to be with us for a while. Have you accepted “The Great Recalibration?”